Norfolk Iron & Metal Co. and O'Neal Industries Inc. have entered into a definitive agreement in which Norfolk Iron will acquire O'Neal Flat Rolled Metals LLC. The closing is expected by year end.
Brookfield Business Partners and Caisse de dépôt et placement du Québec agreed to acquire Johnson Controls' Power Solutions battery business for approximately US$13.2 billion.
Weichai Power's subsidiary Weichai HK acquired 46.1 million common shares, about 19.9% of Ballard Power Systems, in exchange for an equity investment of about US$163.6 million, a China joint venture, and a $90 million technology transfer program.
Rettig ICC Ltd and Midway Holding AB signed an agreement for Rettig ICC to buy all of Sigarth AB, including its production facilities in Sweden and Poland and a German sales office, with closing expected at the end of November 2018.
Semen Indonesia signed a deal to acquire 80.6% of PT Holcim Indonesia from LafargeHolcim for approximately $917 million, including four cement plants with capacity of 14.8 million tonnes per annum and 30 ready-mix plants.
Seequent announced it has signed an agreement to acquire Geosoft, a Canadian geoscience software company headquartered in Toronto. The acquisition brings together Seequent's Leapfrog 3D geological modelling software with Geosoft's subsurface geoscience technology.
SMTC Corporation acquired all outstanding shares of MC Assembly Holdings for $65 million at closing, with up to $5 million additional contingent consideration. The deal unites two electronics manufacturing services companies.
US-based Scovill Fasteners has acquired Japanese rival Morito Co Ltd, integrating their businesses. In the US, Morito subsidiary Kane-M Inc joins Scovill to form Morito Scovill Americas LLC; in Asia, they form Morito Scovill Hong Kong Company Limited.
Norwegian company KIS Partners AS has acquired Dutch companies Bijlsma Hijs- & Heftechniek BV and Primoteq BV simultaneously, expanding its crane services business outside Norway.
Infineon has acquired Siltectra, a Dresden-based startup with Cold Split technology for processing crystal material, for €124 million. The technology will be used to split SiC wafers, doubling chip output per wafer.
Intermin Resources Ltd. and MacPhersons Resources Ltd. have executed a Merger Implementation Agreement to combine via a Scheme of Arrangement, with Intermin offering 1 share for every 1.8227 MacPhersons shares, valuing MacPhersons at approximately A$0.0825 per share. The merged entity will be renamed Horizon Minerals Ltd.
Hung Bong Resources, through its subsidiary ENTWICKELN India Energy, signed an agreement to acquire 100% of SKS Power Generation (Chhattisgarh) Limited, which operates a 600 MW coal-fired power plant in India, for a total consideration of 21.7 billion INR.
The proposed combination of Dominion Energy Inc. and SCANA Corp. received approval from the U.S. Nuclear Regulatory Commission for the transfer of operating licenses for V.C. Summer units. The merger is still contingent on other approvals.
Marathon Petroleum Corp. closed the acquisition of all outstanding shares of Andeavor, with expected annual run-rate synergies of approximately $1 billion within three years.
Owens-Illinois (O-I) acquired a just over 49.7% interest in Empresas Comegua S.A., Central America's leading glass container maker, from a subsidiary of Vitro for $119 million.
Detector Technology (DeTech), a US analytical instrument contract manufacturer, acquired Sydney-based electron multiplier manufacturer ETP Ion Detect Pty Ltd. Financial terms were not disclosed.
Eastman Kodak agreed to sell its Flexographic Packaging Division to private equity firm Montagu for a base price of $340 million, with up to $390 million total including earn-outs and prepayments.
KKR & Co received approval from Taiwan's Fair Trade Commission to acquire LCY Chemical Corp for NT$47.8 billion (US$1.55 billion). KKR will become the sole shareholder and enter a joint venture with the Lee family.
Honeywell completed its acquisition of Transnorm, a warehouse automation solutions provider, from IK Investment Partners for approximately €425 million. Transnorm will become part of Honeywell Safety and Productivity Solutions.
The European Commission approved the merger of BMW Group and Daimler AG's mobility services business units into a 50:50 joint venture, covering on-demand mobility, car sharing, ride-hailing, parking, and charging.
Enghouse Systems acquired Capana Sweden on November 9, 2018.
Anglo American Platinum increased its stake in the Mototolo joint venture from 50% to 100% by acquiring Glencore Operations South Africa's 40.2% stake for R0.9bn ($61.75m) and Kagiso Platinum Venture's 9.8% interest for R267m ($18.31m).
Liberty Steel Group, part of GFG Alliance, has secured committed financing to acquire Aluminium Dunkerque, Europe's largest aluminium smelter, from Rio Tinto. The deal is expected to close before the end of November 2018.
II-VI Incorporated has agreed to acquire Finisar Corporation in a cash and stock transaction valued at approximately $3.2 billion. The transaction is expected to close in mid-2019.
Stryker closed its $1.4 billion acquisition of K2M, paying $27.50 per share. K2M will become a wholly owned subsidiary of Stryker.
ForeScout Technologies acquired OT security company SecurityMatters for $113 million to boost its ability to deliver security in enterprise and industrial environments, particularly for operational technology and industrial control systems.
Sumitomo (SHI) Cyclo Drive Germany GmbH, a subsidiary of Sumitomo Heavy Industries, acquired Spanish industrial drive technology distributor and service partner Sociedad Industrial de Transmisiones (SIT) to expand its service offering on the Iberian Peninsula.
US packaging material maker Tekni-Plex has acquired Beyers Plastics from Famo, according to the article.
Fortis Solutions Group completed the purchase of two US packaging companies, Austin Label and Premier Georgia Printing and Labels, to strengthen its product portfolio and national footprint.
Reflex Group acquired UK packaging maker Fusion Flexibles and its subsidiary Mercury Packaging for an undisclosed sum after the firms entered administration.
Valve manufacturer Ainsworth Engineering and distributor United Valve Company were sold to new owner Siyabonga Meyiwa in a deal funded by the Industrial Development Corporation. The sale concluded in September 2018 and the companies were upgraded to Level 1 BBBEE status.
Evonik acquired PeroxyChem LLC, a provider of peroxygen and adjacent chemistries, for $625 million.
Evonik Industries agreed to acquire PeroxyChem, a producer of hydrogen peroxide and peracetic acid, from One Equity Partners for $625 million. The deal will create a peroxygens business with annual sales of about $800 million.
Specialty chemical manufacturer MFG Chemical acquired Gulf Bayport Chemicals LP, a manufacturer of maleic anhydride derivatives with plant operations in Pasadena, Texas.
Industrial Opportunity Partners (IOP) announced an investment in Reed's Metals through its existing portfolio company Union Corrugating Company. Reed's is a manufacturer and distributor of metal roofing systems and pre-engineered metal buildings, headquartered in Brookhaven, Mississippi. Terms were not disclosed.
Longview Aviation Capital Corp., parent of Viking Air, agreed to acquire the entire Dash 8 program including Q400 from Bombardier Inc., along with rights to the de Havilland brand. Production will continue at the Downsview, Ontario facility.
Cargotec's subsidiary MacGregor received clearance from the German Federal Cartel Office for its acquisition of the marine and offshore businesses of TTS Group ASA, announced on November 8, 2018.
Qalaa Holdings signed an MoU to sell its stake in Algerian cement company Zahana to state-owned Groupe Industriel des Ciments (GICA). The transaction is expected to complete in the first half of 2019.
Bitzer signed a joint venture agreement to become majority shareholder of Wurm Holding GmbH, integrating Wurm's electronic system solutions for refrigeration, air conditioning and ventilation. The deal is subject to regulatory approval.
Hexagon Composites signed an agreement to acquire the remaining 50% of Agility Fuel Solutions, valuing Agility's equity at USD 250 million on a 100% basis. Closing is expected in January 2019.
Race Winning Brands, a portfolio company of Kinderhook Industries, acquired Falicon Crankshafts Components, a manufacturer of high-performance powersports engine components. Financial terms were not disclosed.
Chinese contract manufacturer Wingtech plans to pay 18.45 billion yuan ($3.6 billion) to buy a 75.86% stake in Nexperia from its owners, subject to regulatory approval including from CFIUS.
Wakol, part of the Ardex Group, acquired a majority stake in surface finishes manufacturer Loba. The transaction is expected to be completed by end of November 2018.
GKN Aerospace, COMAC subsidiary SAMC, and AVIC International signed a Framework Agreement to establish a joint venture for aerostructures manufacturing in China. The joint venture is scheduled to begin production in Q4 2021 in a new facility, with locations currently being evaluated.
Wynnchurch Capital acquired Midland Metal Mfg., a distributor of fittings, valves and clamps for industrial end markets, on 7 November 2018.
Gardner Denver Holdings has acquired DV Systems Inc., a Barrie, Ontario manufacturer of rotary screw and piston compressors, funded with cash on hand. The price was not disclosed.
Advent International completed its $3.25 billion acquisition of GE's Distributed Power business, which will operate as INNIO, headquartered in Jenbach, Austria.
Hiab, part of Cargotec, completed the acquisition of Effer S.p.A., a knuckle-boom crane manufacturer, from CTE Group. The signing was announced on July 31, 2018.
WishBone Medical, Inc. announced the acquisition of Red Star Contract Manufacturing to provide sterile-packed kits and plastic injection molded single-use instruments for the pediatric orthopedic market.
Sulzer AG has acquired Brithinee Electric of Colton, California.